Licensing Specialist

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Licensing Specialist
Duties: Responsible for supporting the Office of Technology Licensing Industry Relations (OTLIR) in commercializing innovation in partnership with both faculty and the business community and, in so doing, bringing the benefits of research to the public. The full range of responsibilities includes invention identification, evaluation, and characterization in addition to working under the direction of an experienced licensing Officer, to manage intellectual property, including patent prosecution, marketing, license negotiation, and contract management. Fosters development of the larger innovation ecosystem, both within the University and externally amongst the business community. Evaluate and characterize new inventions to determine commercial potential. This includes determination of strength of scientific / technological concept and data, intellectual property, and business model. Identify and develop discussions with potential licensees, producing all necessary marketing materials. Provide support to the experienced Licensing Officer, in negotiating and closing strong option and license agreements with capable commercialization partners. Successfully manage a portfolio of projects. Facilitate, draft, and review confidentiality, memorandum of understanding, inter-institutional, material transfer, testing, and screening agreements. Maintain accurate, complete electronic records. Work with an experienced Licensing Officer to ensure compliance with relevant laws, regulations, and policies. Continuously improve process effectiveness and efficiency. With other staff, manage business and financial components of portfolio, including patent costs, budgeting, and royalty distributions. Develop strong relationships with faculty to assist in understanding potential commercial application of research. Collaborate with faculty to ensure strong, complete invention disclosures. Conduct broad faculty education on commercialization. Facilitate a culture of innovation. With other staff, monitor and ensure compliance with the terms of the agreements. Build strong relationships with external partners, developing and expanding all components of the larger system required for successful commercialization on a continuous basis. This includes industry partners, investors, entrepreneurs, other organizations, development organizations, and state and federal agencies, among others. Facilitate development of startups. Under the direction and supervision of an experienced professional for commercially promising inventions, assist in developing strong claims, facilitate communication between patent attorneys and inventors during patent application and prosecution, support internal prosecution processes.

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